From pv magazine Spain
Pexapark, a Swiss consultancy, said in its April monthly report that electricity markets are now recovering, following a series of uncontrollable events that have affected the European energy industry.
On the price front, the Pexa Euro Composite Index fell by 2.5% month-on-month due to declining electricity and raw material prices. The Netherlands experienced the largest decline of 9.5% to €56.72/MWh, while Spain and Portugal saw drops of 6.4% and 6.2% respectively, reaching €40.90/MWh and €39.60/MWh.
However, prices in the United Kingdom rose by 3.5% to €82.29/MWh in April, and Scandinavian countries increased by 1% to €50/MWh, while Italy saw a 0.7% increase to €75.60/MWh.
After a strong first quarter of 2023, PPA activity slowed down in April, with 16 announcements totaling approximately 922 MW, a 55% decrease compared to March. This represents the lowest monthly capacity since last September, with eight fewer agreements registered, reflecting a decrease of 33%.
The notable deal this month involved Statkraft’s acquisition of NextEnergy’s 210 MW Portuguese solar portfolio, resulting in a purchase of 341 GWh per year.
Authored by PILAR SÁNCHEZ MOLINA
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.